5 healthcare funds outpacing the S&P 500 in 2026
FSA highlights 5 healthcare exchange-traded-funds that are outpacing the S&P 500 index year-to-date.
Here is a digest of significant wealth and asset management appointments, promotions and departures during the previous month.

AllianceBernstein appoints Onur Erzan as CEO as Bernstein retires
Erzan will adopt the role from 1 April 2027.
Bank of Singapore strengthens Asean team with Julius Baer hire
Aline Pacheco is joining Bank of Singapore as market group head for Asean.
Lombard Odier bolsters Asia private clients team
Sonya Song joins the team in Hong Kong and Jingjing He is in Zurich.
HSBC Private Bank appoints regional head of family and philanthropy advisory for Apac
Francesca Chan joins from UBS.
Chan San San named as chief partnership officer at Eastspring
Andreas Rosenthal will act as interim CEO of Prudential Singapore.
Cecil Yeo to join Bank of Singapore as market group head for Asean
Cecil Yeo has been hired from UBS.
Barclays appoints Asia Private Bank head
Wee Yee-Yong joins Barclays from Morgan Stanley.
Julius Baer names new COO for Asia
Pamela Tseng replaces Andreas Zingg, who is retiring.
BNP Paribas AM hires ETF specialists in Asia
Kate Chung and Benny Cheung have been appointed to newly created roles.
Bank of Singapore bolsters its South Asia team
Bank of Singapore has made a hire from DBS Private Bank as it seeks to grow its South Asia business.
GMO hires former PineBridge exec as head of institutional Asia ex Japan
GMO has appointed Glenn Tan to head its institutional client engagement in Asia ex Japan.
Janus Henderson bolsters global equities team
Janus Henederson Investors has hired Helen Jewell and Shilpee Raina.
Paragon Capital Management hires Trevor Lau as chief commercial officer
Singapore-based asset management firm Paragon Capital has hired former UBS and Credit Suisse MD as chief commercial officer.
Invesco’s Ian Hargreaves announces retirement
The emerging market veteran has been with the firm for 32 years.
Schroders WM makes three senior hires in Asia
Andrea Li, Victor Chow and Jyane Quek have been appointed to senior roles.
Fidelity hires Steven Cheung as ETF director
Steven Cheung joins from BlackRock where he was head of iShares wealth for Greater China and Southeast Asia.
Fidelity fund manager Sam Morse to retire
His investment career spans more than four decades.
M&G hires global head of impact for private markets
Jen Braswell joins M&G from EQT.
HSBC Private Bank appoints global head of family offices
The bank has also hired Cayman Wills as head of the US private bank.
IG names Saad Ahmed as managing director for Apac
Based in Singapore, Ahmed will lead IG’s consumer business across Asia Pacific.
Amundi strengthens its investment platform in Asia
The five internal appointees have been re-located to Hong Kong and Singapore.
State Street names Tim Helyar as head of Asia Pacific
Helyar succeeds Lochiel Crafter, who recently retired, and reports to Stefan Gmuer, head of International.
Raffles FO appoints former Rwandan minister to Africa-Asia role
Rwanda’s ex-Minister of State for Infrastructure, Jean de Dieu Uwihanganye, will be based on Hong Kong.
Federated Hermes hires Dean Lee to strengthen Singapore PE team
Lee previously worked in investment banking at Morgan Stanley and Standard Chartered, where he advised private equity firms and Korean conglomerates.
Eastspring boosts distribution business
Steven Chua be head of retail intermediaries, Singapore, and Suleen Law has been hired as head of private banks and family offices.
M&G hires head of risk in Apac
Yasotha Balakrishnan joins M&G Investments from Analog Capital as head of risk for Apac.
Manulife IM hires former Lion Global PM to head Singapore equities
Kenneth Ong has been hired as Manulife IM’s head of equities, Singapore, replacing former head Chan Hock Fai who is retiring at year end.
Partners Group reshuffles leadership with new co-CEOs
Current CEO David Layton will transition to chief investment officer to focus solely on investments.
Bank of Singapore strengthens Dubai franchise
Mahesh Ramakrishnan and Shikhy Chandhok join Bank of Singapore in Dubai this month.
Lo will be replaced by Marty Franc as head of Asia Pacific.
Nomura IWM taps Aberdeen for CIO
Based in Singapore, Ray Sharma-Ong will also head DPM.
The new relationship managers in Dubai are Yasser Soliman and Amit Bhasin.
Global insurers plan to up their allocations to private markets, according to a BlackRock survey.
The $158m acquisition is the firm’s first investment in Australia’s build-to-rent sector.